Trade Foresight
Trade Foresight
FORESIGHT
A BREAKTHROUGH INTO TRADE ANALYTICS
What is TRADE FORESIGHT?
Trade Foresight aims to provide analytical information from globally recognized data sources like World
WHAT
Bank, UN COMTRADE, WITS, MIT Atlas, etc. that empowers users with complete horizon of econometrics
with in-depth understandings of legal circumstances leading to better business and trade
decision-making.
Trade Foresight helps users to formulate strong trade policies that can help them achieve their goals by not
only providing up-to-date trade data but also tools to visualize and utilize that data to suit their needs. Trade
IS TRADE
Foresight is not just an Information Portal. It is backed by a Suite of Executive Dashboards, Reports and
Robust Data Store that can be used by Trade experts to extract information as per their needs, thus answering
any trade related question that they can imagine.
What makes Trade Foresight special is that it is an interdisciplinary platform i.e. it does not only deal with the
economic aspect of trade but also the legal aspect by including a database solely for the trade agreements,
international standards that must be met before the product is exported, and trade remedies.
FORESIGHT
Trade Foresight provides a one-stop solution to governments, trade related agencies and Small-Medium
Enterprises (SMEs) to help them make smart trade decisions. It also provides futuristic solution, that predicts
and prescribes, future market trends and needs, while utilizing Artificial Intelligence and Machine Learning
based models.
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TRADE FORESIGHT I PRODUCT OVERVIEW
What Does Everyone Want To Achieve?
WHAT DOES
Every country, its government and trade authorities want to reduce the trade deficit or maintain its trade surplus
while ensuring that:
a. Their best products are exported to the most lucrative markets.
b. Imports are carried out from countries that offer the best value in terms of pricing, quality, etc.
EVERYONE
c. Trade and economic policies are designed while keeping in view the budding SMEs, economic efficiency,
competitiveness and other internal and external factors.
WANT TO
The SMEs want to to save time and focus on achieving efficiency while ensuring that:
a. They export those products in which they have achieved comparative advantage over other countries.
b. They operate or function in the market which is the most viable for doing business.
c. They explore the markets for cheap raw material imports and offer its export goods in the most attractive
ACHIEVE?
market.
d. To keep abreast with the changing trading scenarios by keeping updated with the evolution in trade
agreements, laws, policies, protections, etc.
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TRADE FORESIGHT I PRODUCT OVERVIEW
Why Can’t They Achieve It?
IIt’s all about information
WHY
The main barrier to do efficient business with different countries or defining economic policies is availability and
usability of information. The information is either scattered in different sources, too complex to
understand and process or is available only to selected traders or trade associations. Hence, the picture
is never complete!
CAN’T THEY
a. Countries, Trade authorities and SMEs have access to limited data – Thus, both on Micro and Macro
level, decisions are taken and policies are developed without having complete information.
b. Trade laws and data changes regularly, and there are times when traders are in a situation where their
export or import gets held at customs due to recent changes in trade agreements.
c. There are also scenarios, where a new trade agreement results in access to new markets - Where a niche
ACHIEVE IT? product can be exported, or a product from that market can be imported.
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TRADE FORESIGHT I PRODUCT OVERVIEW
What Are We Offering?
WHAT
We are completing the picture by making trade ralated data accessible and understandable to every trader in
the world. Efficient Decision is the key, and Trade Foresight is the platform that equips Trade Authorities to take
Data Driven Decisions. It consolidates data from different sources, calculates KPIs, brings forward key market
information and resolves the complexities of trade data while enabling trade authorities:
a. Understand how easy or difficult is to do business in different international markets – Right Now.
ARE WE
b. Track changes in trade flows and trade laws.
c. Understand, what can be exported to which market and what product can be imported from which
market?
d. Understand, the meaning behind complex KPIs – How do they impact businesses and policies?
OFFERING?
e. Understand, trade barriers that exist in different markets.
f. Have a consolidated view of the Micro and Macro indicators of every market – Thus defining effective
trade strategies.
g. Have access to numerous KPIs that are used internationally by Trade Consultants.
h. Create Trade Reports for countries and Products.
i. Predict – What might happen?
j. Prescribe – What to do next?
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TRADE FORESIGHT I PRODUCT OVERVIEW
BUSINESS VALUES
E. Maximizing Revenue
Products that an economy is better at producing than others is its comparative advantage.
Therefore economies need to be well aware about the goods they specialize in and the ones they
should invest for import to ensure minimal losses in tariff revenue. In order to determine
comparative advantage, economy needs accurate and timely data as well as complex computations.
Trade Foresight helps in providing both, to help governments save time and focus on creating
efficient and effective policies.
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TRADE FORESIGHT I PRODUCT OVERVIEW
CREATING
FF.. PUBLIC-PRIVATE SYNERGY
The inclusion of SMEs perspective in policy-making process is crucial in linking them to global
value chains and enhancing their competitiveness. By providing micro-level data to the
governments and by providing government policies to SMEs, Trade Foresight helps in bridging
this gap between public and private sector and thus, helps both in achieving their respective
goals and perform at optimal level. Furthermore, Trade Foresight maintains database
regarding international standards applied to different products which helps SMEs stay
up-to-date and raise their product quality to the par.
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TRADE FORESIGHT I PRODUCT OVERVIEW
VALUE PROPOSITION
Trade Foresight is a one of its kind solution that unifies economy embellishing essentials by
providing revolutionary features:
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TRADE FORESIGHT I PRODUCT OVERVIEW
B. Performance Monitoring
Certain factors for trade hold great significance and should be monitored frequently in order to identify
which areas are lagging. Trade Foresight answers this issue by providing performance and trade
related indices, acceptable in international economics, including but not limited to
Herfindahl-Hirschman Product/Market Concentration Index, Market Penetration Index, Revealed
Comparative Advantage (RCA), Diversity/Ubiquity and Trade Complementarity Index. Each index is
responsive to the combination of regional counterparts and product that the user will define for a
selected year.
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TRADE FORESIGHT I PRODUCT OVERVIEW
C. Country Level Data Catalogue
: Trade Foresight provides a comprehensive view of details specific to any country. This country level
data catalogue entails social, demographic and economic indicators hence enabling users to have a
360-degree view of the desired country.
D. Country Analysis
The country-level analysis offers details of country’s social/demographic indicators which comprises of
details such as country’s population, its land area, GDP per capita, etc. The economic indicators highlight
over country’s economic complexity index, its current import/export value, trade balance, etc. The country
wide analysis also features an extensive measure of “Ease of Going Business” which assigns rank to
different countries on the bases of factors such as easiness in starting a business, resolving insolvency,
registering property, getting credit, etc.
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TRADE FORESIGHT I PRODUCT OVERVIEW
E. Industry Level Data Catalogue
Trade Foresight enables users to reach to granular-level of information for meaningful analysis. The
data can be drilled down from country level data to industry level data. Drilling down deeper into the
information supports in correct decision making.
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TRADE FORESIGHT I PRODUCT OVERVIEW
F. Industry Analysis
Providing granular level trade data pertaining to industry, empowers users to have a control over analytics.
The industry analysis provides statistics about the market potential of business, product and services. This
provides SMEs with valuable information such as the market share of different importing countries in a
particular industry, global demand, top exporting and importing countries for that industry. Trade Foresight
further allows its users to drill-down into sub-industries and its share in main industry.
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TRADE FORESIGHT I PRODUCT OVERVIEW
L. Smart Text
“Smart Text” is the feature that allows the user to navigate to specific pre-defined links against the
country or products within in-text descriptions of analysis. It also enables descriptions about a product or
country to adapt accordingly with detailed trade related information.
N. Mobility
Touch-optimized reports and dashboards put critical information at user’s fingertips no matter what their
location is. With Trade Foresight’s Mobile Analytics, complex analysis can be done on-the-go.
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TRADE FORESIGHT I PRODUCT OVERVIEW
O. KEY PERFORMANCE INDICATORS
Trade Foresight’s facilitates its audience with wide library of KPIs allowing its users to get a
comprehensive analysis. This library includes but not limited to following subject, categorized into
five broad classes:
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TRADE FORESIGHT I PRODUCT OVERVIEW
OTHER SALIENT FEATURES
• Deployed locally at the customer site, hence it is the only
platform that allows client to add their data sources as part
of the overall Data Warehouse.
• Provides futuristic solution, that predicts and prescribes,
future market trends and needs, while utilizing Artificial
Intelligence and Machine Learning based models.
• Ability to connect from potentially unlimited data sources
• Flexible to choose custom visualizations and reporting as
per the analyst’s requirement
• Row level security to ensure authorized access to data
• Secure caching of dashboards to enable easy offline
analysis
• Faster deployment giving quick ROI upon investments
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TRADE FORESIGHT I PRODUCT OVERVIEW
PHYSICAL ARCHITECTURE
Power BI Dashboard
Extract Tecon
Website
Transform
Load
Data warehouse Servers
(Active Passive)
ETL Layer
INSEYAB C0NSULTING & INFORMATION SOLUTIONS LLC.
LOCATE US
Head Office [United Arab Emirates] Development Centre [Pakistan]
Office 435, 4th Floor, Plot 8 Sector M4, Office 207-208, 2nd Floor, Parsa Tower,
Al-Fahim HQ Building, Mussafah Industrial, PECHS Block-6, Main Shahra-e-Faisal,
Abu Dhabi, UAE Karachi, Pakistan
Post code 92548, Phone: +9221 3415 0928
Phone: +971 2552 3354
Mobile: +971 5617 64597
REGIONAL OFFICE
MALAYSIA Kingdom of Saudi Arabia
Office A1-3-3A, Arcoris Mont Kiara, 8602, Prince Mansur Ibn Abdulaziz Road
No. 10 Jalan Kiara, Mont Kiara, Al-Ulaya, Tower #19, Unit No 5,
Kuala Lumpur 50480, Malaysia Riyadh 12611, Saudi Arabia, PO BOX 3194
Phone: +60 3641 22090 - 91 Phone: +96 656 7936 129
Mobile: +60 1363 06130
GET IN TOUCH
Email: [email protected]
Web: www.inseyab.com